The new factory of 17,700 square meters, including the office building, will feature the wooden load-bearing structural elements manufactured by Peetri Puit OÜ. General contractor, another Estonian company Maru Ehitus OÜ, will be responsible for the design and construction works. Project development is carried out in cooperation with SEB Pank.
Jānis Ciems, CEO of Latvijas Finieris, said: “The second phase in the development of Kohila Vineer is part of Latvijas Finieris Group growth plan with an aim to offer customers a wider range of products and a more complete service. Significant preparatory work has been done already to implement this project within the set deadlines and quality, and together with our partners we will accomplish it.”
Equipment is being manufactured by the leading companies focused on birch plywood industry in Finland, Austria, Germany and Latvia. Preparatory work is on schedule and installation of some equipment is expected to start in September already.
The capacity of the expanded factory will reach 45 thousand cubic meters of birch plywood per year, 230 employees will work at the factory. Total investments since 2011 will reach Euro 80 million, including this project. The project is to be implemented by the end of 2016.
